Tender Details

Country: Philippines
Summary: Hiring of Two (2) Local Fund Managers (Balanced Fund Mandates)
PHT Ref No: 114594605
Deadline: 11 Mar 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: PHP 9000000.00
Notice Type: Tender
Document Ref. No.: REI-SSS-CONSULTING-2025-001
Purchaser's Detail:
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Description:
Tender are invited for HIRING OF TWO (2) LOCAL FUND MANAGERS (Balanced Fund Mandates)
Procurement Mode : Public Bidding
Classification : Consulting Services
Category : Consulting Services
Contract Duration : 3 Day/s
Budget for the Contract : PHP 9,000,000.00
Area of Delivery : Metro Manila
Description : Request for Expression of Interest
REI-SSS-Consulting-2025-001

HIRING OF TWO (2) LOCAL FUND MANAGERS
(Balanced Fund Mandates)

1. The SOCIAL SECURITY SYSTEM (SSS), through the Approved 2025 Corporate Operating Budget under Investment Income-MOOE included in the Annual Procurement Plan (APP) Update for the month of January (1st Update) with Code PAP 2025-0438 of the 2025 APP intends to apply the sum of Nine Million Pesos (Ᵽ9,000,000.00) for three (3) years inclusive of value-added tax (VAT), and all other expenses incidental to the management of the fund, being the Approved Budget for the Contract (ABC) to payments under the contract for Hiring of Two (2) Local Fund Managers (Balanced Fund Mandate) to manage an aggregate amount of Ᵽ3.0-B, details as follows:

Balanced Fund Mandate

Lot Managed Fund ABC per Year Total ABC Validity Period
I Ᵽ1,500,000,000.00 Ᵽ1,500,000.00 Ᵽ4,500,000.00 Three (3) Years
II Ᵽ1,500,000,000.00 Ᵽ1,500,000.00 Ᵽ4,500,000.00 Three (3) Years
A Local Fund Manager (LFM) that submits a bid for more than one lot of the Balanced Fund Mandate, can only be awarded with one lot. A co...
Documents:

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Hiring of Two (2) Local Fund Managers (Balanced Fund Mandates) - Philippines Tender

The SOCIAL SECURITY SYSTEM, a Government sector organization in Philippines, has announced a new tender for Hiring of Two (2) Local Fund Managers (Balanced Fund Mandates). This tender is published on PhilippinesTenders under PHT Ref No: 114594605 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-03-11.

The estimated tender value is PHP 9000000.00, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.